Airtel Africa’s SmartCash Payment Service Bank commences operations in Nigeria

Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, today announces that its subsidiary SmartCash Payment Service Bank Limited (‘SmartCash PSB’), has commenced operations in Nigeria.

Services will initially be offered at selected retail touchpoints. Then, operations will expand gradually throughout the country over the coming months.

Segun Ogunsanya, chief executive officer, said:

“I am very excited to announce our commencement of operations for financial services in Nigeria through SmartCash PSB. This is the start of our journey to revolutionize the country’s financial services landscape. To help further digitise the economy, and most importantly to help bank the unbanked by reaching the millions of Nigerians who do not currently have access to financial services by delivering current and savings accounts, payment and remittance services, debit and prepayment cards and more sophisticated services.”

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